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Habitat For Humanity Detroit

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382708025 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

Overview

What is Habitat For Humanity Detroit?

Habitat for Humanity Detroit is a dedicated nonprofit organization based in Detroit, Michigan, with an address at 14325 Jane Street, 48205. Their primary mission is to provide decent, affordable housing to low-income families. They achieve this by constructing new homes and rehabilitating existing ones. Qualified homeowners are then offered these properties at construction costs or less, through low or no-interest bearing mortgages. In addition to home construction, Habitat for Humanity Detroit offers family support services. They work closely with qualified homeowners, providing training and support to enable them to become successful homeowners. Moreover, they strive to improve neighborhood conditions and reinvest the net collections from these activities to fund future Habitat for Humanity projects. With a team of 8 dedicated employees, they continue their mission to promote affordable housing opportunities for families in need.


Official website here: www.habitatdetroit.org

Is Habitat For Humanity Detroit legitimate?

Habitat For Humanity Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Detroit submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $136,669
Professional Fundraising Fees: $0
Other Salaries and Wages: $383,652

For more financial information, click here


Official website here: www.habitatdetroit.org

What is the mission statement of Habitat For Humanity Detroit?

Habitat For Humanity Detroit's mission is centered around providing decent, affordable housing to low-income families. This is achieved through various activities. They construct new homes and renovate existing ones, selling them to eligible individuals at construction costs or less, often with low or no-interest mortgages. Additionally, the organization offers family support services, which involve selecting, training, and working with qualified low-income homeowners to prepare them for becoming Habitat for Humanity homeowners. Furthermore, Habitat for Humanity Detroit works with residents in existing neighborhoods to improve community conditions and reinvest the collected funds into future housing projects.


Official website here: www.habitatdetroit.org

Who is the CEO of Habitat For Humanity Detroit?

Stephanie Osterland is the President of Habitat For Humanity Detroit. The CEO's salary of Habitat For Humanity Detroit is $130,275 and their total compensation is $136,638.


Official website here: www.habitatdetroit.org

What is the revenue of Habitat For Humanity Detroit?

Habitat For Humanity Detroit's revenue in 2023 was $2,168,291.


Official website here: www.habitatdetroit.org

Who are the executives of Habitat For Humanity Detroit and what are their salaries?

The average compensation at Habitat For Humanity Detroit during 2023 was $65,040. There are 8 employees and 648 volunteers at Habitat For Humanity Detroit.

Here are 13 key members and their salaries (Habitat For Humanity Detroit's CEO's salary is $130,275 and their total compensation is $136,638):

    Stephanie Osterland (Ceo)
  • Compensation: $130,275
  • Related: $0
  • Other: $6,363

    • Gary Dawes (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Hanna (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Stallings (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erin Gianopoulos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Fly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cleamon Moorer Jr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sylvia Hubbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Perkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Melvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dawan Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Erzen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoffrey Devereaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.habitatdetroit.org

    Where can I find the form 990 for Habitat For Humanity Detroit?

    The Habitat For Humanity Detroit’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.habitatdetroit.org

    Learn more at the official website: www.habitatdetroit.org

    Mission Statement of Habitat For Humanity Detroit

    Habitat for Humanity Detroit, a nonprofit organization, is dedicated to providing decent, affordable housing solutions for low-income families. Their mission is twofold: firstly, they construct new homes and rehabilitate existing ones, selling these residences to qualified individuals at a cost lower than the construction price, often on a low or no-interest mortgage basis. Secondly, Habitat for Humanity Detroit focuses on family support services. They work closely with these low-income homeowners, providing training to ensure their successful transition into becoming Habitat for Humanity homeowners. Additionally, they collaborate with both new and existing residents to improve neighborhood conditions and reinvest their net collections into future Habitat for Humanity activities.

    Impact

    This information is meant to be a general summary of Habitat For Humanity Detroit. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Habitat For Humanity Detroit's impact is significant in providing decent, affordable housing to low-income families in Detroit. Through their home construction projects, they work towards offering housing opportunities to individuals in need by building new homes and renovating existing ones. These homes are sold to qualified individuals on a low or no-interest mortgage, ensuring affordability for those who may not have access to traditional housing options. Additionally, Habitat For Humanity Detroit provides family support services, offering training and assistance to low-income homeowners to help them become Habitat homeowners. Their efforts not only address the immediate housing needs of families but also contribute to improving neighborhood conditions and fostering community reinvestment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $500
  • Program Service Revenue: $909,999
  • Gross Receipts: $2,168,291

    • Assets and Liabilities:
  • Total Assets: $2,959,878
  • Total Liabilities: $61,655
  • Net Assets: $2,898,223
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROVISION FOR MORTGAGE

    Revenue

    $510,412

    SALE TO HOMEOWNERS

    Revenue

    $458,000

    OTHER PROGRAM INCOME

    Revenue

    $10,653

    IMPUTED INTEREST INCOM

    Revenue

    $-69,066

    Organization Details

    Founding Year

    1986

    Principal Officer

    Stephanie Osterland

    Main Address

    14325 JANE STREET, DETROIT, MI, 48205

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Habitat For Humanity Detroit and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.